Recent events
Recent events tied to this brand in public sources.
Back to profile15 entries
2021
China Guangfa Bank launches cross-border remittance through the International Trade Single Window
China Guangfa Bank launched a cross-border remittance function on the International Trade Single Window, which a company used to complete a payment in under half an hour.
2021
American Express-branded RMB debit card launched in China
American Express announced that its China-based joint-venture card-clearing institution, LianTong, had partnered with Industrial Bank to launch an American Express-branded debit card supporting RMB transactions, described as the first of its kind globally. China Merchants Bank, China CITIC Bank and China Guangfa Bank were identified as initial issuer partners to follow.
2021
广发银行 launches three financing services for small businesses
广发银行 introduced three financing products—粤菜名店贷, 技工服务贷 and 家政服务贷—for eligible small businesses and self-employed operators associated with Guangdong’s three employment initiatives.
2021
GDB and Didi expand cooperation through a mobility promotion plan
On May 18, China Guangfa Bank announced upgraded cooperation with Didi Finance and jointly launched the “Wonderful Travel Plan,” including co-branded credit cards and customer subsidies.
2021
China Guangfa Bank Upgrades “Carefree Life” Retirement Financial Services
China Guangfa Bank announced at a press conference on March 20 that it was upgrading its “Carefree Life” retirement financial services brand.
2021
China Guangfa Bank launches a credit card for middle-aged and older customers
China Guangfa Bank announced the launch of its first credit card designed for middle-aged and older customers at a product and service launch event in Qingdao; the card was presented to a customer representative at the event.
2021
CGB upgrades its senior-focused retirement finance service brand
China Guangfa Bank announced an upgrade to its “自在人生” retirement finance service brand at a product and service launch event in Qingdao.
2020
China Guangfa Bank launches insurance-industry financial services solution
China Guangfa Bank launched an “Insurance Industry Financial Services Provider” solution covering insurance-fund clearing, investment matchmaking and operational support, intended to provide insurance institutions with full-process financial services.
2020
China Guangfa Bank launches American Express Safari Card
China Guangfa Bank launched the American Express Safari Card for business and leisure travelers in November. The co-branded credit card offers Guangfa mileage rewards for eligible spending and benefits from China Guangfa Bank and American Express.
2020
Guangfa Bank renews CBA partnership for three seasons
China Life group member Guangfa Bank renewed its official partnership with the CBA for three seasons.
2020
CGB launches free-trade-zone financial service plan
China Guangfa Bank formally launched its “Smart Free Trade CGB” comprehensive financial service plan for government institutions, industrial parks, businesses and individuals in free-trade zones and ports.
2020
Launch of the Guangfa-Tencent co-branded Visa credit card
Visa, Tencent, and Guangfa Bank jointly released the Guangfa-Tencent co-branded Visa credit card. The card offers digital services through Tencent platforms and benefits for online overseas shopping and cross-border travel.
2020
Visa, Tencent and Guangfa Bank announce co-branded card partnership
Visa announced a partnership with Tencent and Guangfa Bank to jointly launch the Guangfa-Tencent co-branded Visa credit card, combining Tencent's digital services with Visa's payment network.
2020
Shenwan Hongyuan and China Guangfa Bank sign strategic cooperation agreement
Shenwan Hongyuan and China Guangfa Bank signed a comprehensive strategic cooperation agreement in Shanghai on January 6, covering cooperation across several financial services areas.
2019
Guangfa Bank responds to regulatory penalties
Guangfa Bank said the penalties against its former chairman and president were follow-up administrative penalties related to a risk incident from two years earlier. The bank said it had taken measures to strengthen internal controls and compliance.